Search results for “mid-to-upscale brand hotel”
BTG Homeinns targets 4500 hotels by the end of 2019
08/29/2019|4:46:16 PM|
The expansion plan is being led by mid-scale hotels. In addition to this, BTG Homeinns is working closely with Hyatt Hotels to open their first UrCove hotel in 2020.
New York-listed GreenTree to acquire mid- and up-scale hotel group Argyle
01/28/2019|10:02:02 PM|
The majority of Argyle's properties are located in South West China. Argyle's highly distinguished brand portfolio and geographic coverage are highly complementary to GreenTree's business and expansion plans.
Tencent leads new funding in OYO, Chinese spends $45 billion to escape heat, and more
08/06/2018|11:58:59 AM|
Tencent Holdings is likely to inject $300-500 million into OYO Rooms. This summer, Chinese tourists will make about 500 million trips in July and August, and are expected to spend more than $45 billion.
Shared lodging brand Islands completes a new funding round
07/31/2018|9:05:36 AM|
Islands is applying the Uber model to provide branding support for independent hotels in the areas of operation and management, channel sales, membership system, information system and supply chain.
China Lodging expects 23%-26% revenue growth with Crystal Orange acquisition
08/17/2017|8:00:45 PM|
China Lodging Group (Huazhu) raises net revenues growth range to 23%-26% given the consolidation of its Crystal Orange Hotel acquisition and better-than-expected performance in 2017.
Hotel chain SunMei receives RMB 140 million in B round
12/28/2016|12:51:25 PM|
Hotel company SunMei announced that it has raised RMB 140 million in B round. The company was established in 2009 and was formerly known as Thank Inn.
Zhiding365.com, Amtt Net and Medeen announces merger plan
10/26/2016|9:15:45 AM|
Chinese hotel marketing providers Zhiding365.com, Amttnet.com and Medeen.net announced that the three companies will merge under Zhiding365.com.
China Lodging keen on sustaining growth, plus better margin
08/19/2016|5:33:26 PM|
China Lodging Group is optimistic that the key performance metrics would continue to show upward movement buoyed by quality of the product and a diverse brand mix.
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